That the US Bond market is a bug in search of a windshield is widely accepted by informed market watchers. The FED has backed itself into a corner from which there are few options for escape. And none of the options bode well for the longer term health of the US Bond market. This past […]

I have been trading securities for more than 30 years and the term tick is firmly etched into my brain. A tick is the term applied to a single trade execution. A single tick does not mean a single share or a single contract – rather it means a single trade at a specific price – […]

Volatility is what makes trading possible. Without volatility we traders could not make money trading. However, much like a laxative, too much volatility can cause problems. As a short term trader, we love volatility when it moves the market our way, and hate it when it moves the market against us. Adjusting our trading to the […]

As Vinnie Barbarino (John Travolta) often said on the TV Show Welcome Back Kotter, “I’m confused”. Trying to figure out this market with either side of the brain is getting to be really difficult. First Bernake says that the FED “might” start tapering QE towards the end of this year “if” economic data indicated that the economy was […]

I have been trading for a long time, so all my friends know I follow the markets. I am always being asked, “Where is this market heading”? The short answer I usually give is, “I have no idea – at least in the short run”. Some will press me about what I mean by “in the […]

Wow! Big Ben hints that the FED may begin reducing its bond purchases by the end of this year – and the markets sell off like crazy. Makes one wonder what will happen when they announce that they are not buying any more at all. My fellow traders we are living in strange times – […]

QE, or “Quantitative Easing” according to Bernake and company could also be called – and, in our opinion, should be called – “Queer Economics”. It is based on the belief that printing more money can make you richer. It has been tried by numerous other nations in the past – and each and every time it has failed. However, the current […]

I have been trading for a long time – made money and lost money. But it was always my own doing. Late last year, we had a new experience – our broker stole our money! Yes, we were one of the unlucky ones to have had an account with PFG Best. Funny part is we thought that […]

To say that the US bond market is a bubble looking for a needle is an understatement. What is going to happen is, in our opinion, a virtual certainty. The problem is “when” it will happen. Knowing what is going to happen is not easy – but knowing when is truly impossible. All markets are […]